Top spot at Endemol may go to Barnicoat

Speculation mounts following Agut resignation

A Brit may take the reins at European entertainment giant Endemol following the resignation of CEO Joaquim Agut.

Observers predict Endemol chief operating officer Tom Barnicoat, ex-head of the “Big Brother” producers U.K. operation, will land the gig.

Endemol’s supervisory board accepted Agut’s resignation Wednesday evening following the shareholders’ annual general meeting.

With Spanish telco giant Telefonica the combo’s biggest shareholder, however, another Spaniard is more likely as a successor.

“Telefonica will want to put one of its own people in,” reckoned an industry insider. “So I think we can look forward to a Spanish caretaker manager until Telefonica sells the rest of its Endemol stock.”

Agut held Endemol’s top job for 30 months but became tired of commuting from his Barcelona home to Endemol’s HQ in Holland.

In a statement, Endemol said he would be replaced “without delay.”

Agut’s exit has reignited speculation about Endemol’s takeover following recent reports that a consortium is considering a bid.

Last week Telefonica said it was mulling a sale of its remaining Endemol stock following the flotation of a 22.3% stake last fall.

Gamer “Deal or No Deal” is the latest Endemol hit, screening in more than 30 territories including the U.S., where it’s aired by NBC.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading